# European Commission approves €99.5M state aid for Nokian Tyres' zero-CO2 tire factory in Romania

The European Commission approved a €99.5 million Romanian state aid measure for Nokian Tyres to build a zero-CO2 tire factory in Oradea, Romania. The total investment is about €650 million, with capacity of 6 million tires per year and 500 jobs. Construction started in May 2023, first tire produced July 2024, commercial production early 2025.

- Type: New facility
- Announced: 2024-08-14
- Where: Oradea, Romania
- Value: $708.5M (650.0M EUR)
- Jobs: 500
- Starts operating: Q1 2025
- Status: under construction
- Capacity: 6 million tires per year
- Products: passenger car tires
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Nokian Tyres](https://endata.com/companies/24022.md)

## Sources

- [automotive-today.ro](https://www.automotive-today.ro/index.php/2024/08/14/european-commission-approves-99-5-million-euro-state-aid-measure-for-the-nokian-tyres-tire-factory-in-romania/), 2024-08-14: "The plant is expected to have a capacity of approximately 6 million units per year."
- [company.nokiantyres.com](https://company.nokiantyres.com/news-and-media/news-article/nokian-tyres-inaugurates-its-passenger-car-tire-factory-in-oradea-romania-the-world-s-first-full-scale-zero-co2-emission-tire-factory/), 2024-09-19: "We are very pleased to be inaugurating our Oradea factory today."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.